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Industry News

OPEC Won't Cut Production Despite of Falling Price

  • Posted: 11/19/2014 02:27:06
  • Hits: 962

Brent crude oil continuously fell for three days. However, the OPEC members do not want to cut production even if the oil prices have fallen into a bear market. In London futures markets, oil prices...

Three Gorges has Generated 800 Billion kWh Capacity

  • Posted: 11/08/2014 01:56:17
  • Hits: 987

China Three Gorges Corporation released news on 5th and announced that the world's largest hydropower station - the Three Gorges Power Station - has achieved continuous safe production for over ...

TransCanada Got EIA Permit of Coast Gas Pipeline

  • Posted: 10/31/2014 02:09:59
  • Hits: 980

According to the news released by Canadian TransCanada Company, British Columbia (BC) provincial environmental assessment office has permitted TransCanada’s application of coast natural gas pi...

China Shale Gas Development Can’t Copy American Model

  • Posted: 10/24/2014 03:46:40
  • Hits: 881

A veteran of China's Ministry of Land that leads the development of shale gas said that China’s shale gas development could not copy the American model. It is hopeful but very difficult to...

OPEC Appeals Production Reduction for Recovering Oil Price

  • Posted: 10/14/2014 06:10:01
  • Hits: 1041

Saudi Arabia shows that it will adapt to lower oil price for a long time. Saudi government changing it policies sharply aims at slowing down competitors expanding, including American shale oil enter...

West-East Project Will Sent Superior Gas to Xiamen

  • Posted: 10/06/2014 02:59:55
  • Hits: 1037

West-East Gas Project Line Three is being pushed and will provide high-quality and stable double gas supply system to Xiamen. It is heard from Xiamen Municipal Development and Reform Commission that...

OPEC Secretary General: Oil Prices Will Rebound

  • Posted: 09/23/2014 02:04:41
  • Hits: 1078

According to the report of Wall Street Journal on September 13, Abdalla Salem el-Badri, the OPEC Secretary General, recently said the oil prices would rebound before the end of this year, and theref...

Venezuela Will Bid Farewell to the Era of Cheap Gasoline

  • Posted: 09/17/2014 01:40:51
  • Hits: 1010

In Venezuela, the price of one liter of No. 95 gasoline, No. 91 gasoline or diesel fuel is less than 0.1 yuan. A bottle of mineral water costs seven Bolivar (about 7 yuan), which is equivalent to 72...

Domestic Fasteners Plants Are Developing Slowly

  • Posted: 09/13/2014 01:27:04
  • Hits: 919

Represented by fasteners, basic components are not only the basis of China's equipment manufacturing industry but also important foundation of the national economy in various fields. During the ...



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